SEC Form 4 · accession 0001209191-15-065065
RigNet, Inc. · RNET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin L. Jimmerson
Officer — CFO and Vice President
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 11:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 7, 2015 | M | 22,500 | $5.32 | A | 61,240 | D | |
| Common Stock | Aug 7, 2015 | M | 3,125 | $8.48 | A | 64,365 | D | |
| Common Stock | Aug 7, 2015 | M | 1,575 | $9.64 | A | 65,940 | D | |
| Common Stock | Aug 7, 2015 | S | 27,200 | $26.55 | D | 38,740 | D | |
| Common Stock | Aug 10, 2015 | M | 7,800 | $9.64 | A | 46,540 | D | |
| Common Stock | Aug 10, 2015 | M | 8,532 | $18.00 | A | 55,072 | D | |
| Common Stock | Aug 10, 2015 | M | 15,540 | $17.08 | A | 70,612 | D | |
| Common Stock | Aug 10, 2015 | M | 9,781 | $19.96 | A | 80,393 | D | |
| Common Stock | Aug 10, 2015 | S | 41,653 | $27.22 | D | 38,740 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F1 | $5.32 | Aug 7, 2015 | M | 22,500 | D | — | Aug 19, 2019 | Common Stock | 22,500 | 171,445 | D |
| Options (right to buy)F2 | $8.48 | Aug 7, 2015 | M | 3,125 | D | — | Jan 1, 2020 | Common Stock | 3,125 | 168,320 | D |
| Options (right to buy)F3 | $9.64 | Aug 7, 2015 | M | 1,575 | D | — | Jan 1, 2018 | Common Stock | 1,575 | 166,745 | D |
| Options (right to buy)F3 | $9.64 | Aug 10, 2015 | M | 7,800 | D | — | Jan 1, 2018 | Common Stock | 7,800 | 158,945 | D |
| Options (right to buy)F4 | $18.00 | Aug 10, 2015 | M | 8,532 | D | — | Mar 22, 2021 | Common Stock | 8,532 | 150,413 | D |
| Options (right to buy)F5 | $17.08 | Aug 10, 2015 | M | 15,540 | D | — | Mar 7, 2022 | Common Stock | 15,540 | 134,873 | D |
| Options (right to buy)F6 | $19.96 | Aug 10, 2015 | M | 9,781 | D | — | Mar 6, 2023 | Common Stock | 9,781 | 125,092 | D |
Explanation of responses
- F1These options vested in four annual installments beginning August 19, 2010 and were fully vested on August 19, 2013.
- F2These options vested in four equal annual installments beginning January 1, 2011 and were fully vested on January 1, 2014.
- F3These options vested in four equal annual installments beginning January 1, 2009 and were fully vested on January 1, 2012.
- F4These options vested in four equal installments beginning on March 22, 2012 and were fully vested on March 22, 2015.
- F5These options were part of an award that vests in four equal annual installments beginning on March 7, 2013. The remaining options granted pursuant to that award would fully vest on March 7, 2016.
- F6These options were part of an award that vests in four equal annual installments beginning on March 6, 2014. The remaining options granted pursuant to that award would fully vest on March 6, 2017.